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Tuesday, 09 February 2016

Rwanda aims to be EA’s logistics hub

Dubai Port World plans to construct a $40 million inland container depot on a 30-hectare plot of land in Masaka, a suburb east of Kigali city, as Rwanda seeks to become a regional trade logistics centre. Dubai Port World has been granted a 25-year concession to finance, develop and manage the facility, which will provide warehousing, truck parking, a container yard and other auxiliary services. According to Dubai Port, the first phase of the Inland Container Depot, at the Kigali Logistics Platform, is set to be complete in 18 months’ time, raising hopes that it will contribute to the ease of doing business in the country. When completed, analysts are optimistic the dry port, which is linked to both the Northern and Central Corridors, will allow Rwandan importers and exporters to consolidate volumes of cargo. “There are cases where offloading containers takes almost a whole week, forcing truckers to make only two trips per month. But with the new infrastructure, the trucks will do as many as five trips per month. This will reduce transport costs and increase profit for businesses,” said Minister of Trade and Industries Francois Kanimba.

Source: The East African